Well, kinda beats. After two consecutive years of declining revenues, total revenue was up by 6%, with PC-related revenue up 3 or 4%.

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C|NET
The change can be attributed to a handful of factors, including Microsoft stopping technical support of its Windows XP operating system last year, forcing users to upgrade to newer devices,

Maybe they can get Microsoft to end support for Windows 7 this year. (Whoops - been there, doing that already)

So why so serious, Wall Street? Why so serious?

Well, guidance was soft; GAAP cash and equivalents were down by over $6B (from $20B to $14B, amounting to a 30% decrease in a year); inventories were up, and mobile revenue was a negative 6 million.

Say what? A "negative 6 million"?

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C|NET
The mobile division's numbers were just as bleak in the latest quarter, with revenue going negative -- a rarity for any income statement -- because of Intel paying subsidies to customers to take its mobile chips. Revenue was negative $6 million on a $1.1 billion loss.

"Take my chips...please!"

Oh, well. This will probably send Apple shares down tomorrow, somehow.



Edited 3 time(s). Last edit at 01/15/2015 05:30PM by pdq.

...was that Apple and Google appear to have settled in the anti-poaching lawsuit, for $415 million. Of course, this has to get past the (infamous) Judge Koh, who threw out the last settlement they reached for not being big enough, or something.

This will surely send AAPL down tomorrow. Just...because.

AAPL will hit $1 a share, matching its low point of a decade and a half ago, mark my words.

---

Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.

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Speedy
AAPL will hit $1 a share, matching its low point of a decade and a half ago, mark my words.

Woo-hoo! They're doing a 100:1 split!!!

I'm in for 3!